Peter Schiff 12-17-08 Part 3 of 5
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It is essential that both central banks and finance ministers reverse quantitative easing when the good times return - before they go wild. Quantitative easing is risky. It needs to be practised safely.
If so the economy should be OK - no hyper inflation.
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it is a human nature to reject negativity for a enviroment change. If environment change it is like depression taking over. It's like defense mechanism against bad mood. But human should be able to steer his mood and thoughts over emotions and enertial thoughts.
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i hope peter is wrong. but i fear he is right on the money (pun intended)
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What he is talking about with the municipalities going broke and police protection dwindling is ALREADY OCCURRING in Atlanta, GA. They have cut the police shifts from 40 hours to 36 hours per officer. This is just the beginning. We have hired private security to protect our houses, but how long until the money for that runs out?
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Love the reverb effect!
3 years ago 2
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i feel that he is just passionate and is trying to send out the urgent message of what is happening at an alarming speed. he will be fine.
3 years ago 2
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the sciffmeister
3 years ago 2
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Peter is awesome
3 years ago 5
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ha!
3 years ago 2
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anyone else crack up when peter began speaking like GOD ALMIGHTY HIMSELF?
r3838 3 years ago 9
"i dont wanna go buy a shit home that i wouldnt even wanna live in."
god thats the quote from this decade.
jeffcaldwell2 3 years ago 7